Players from the sector debate in a webinar about the new trend in the real estate industry What will cities be like in 20 years? Will we organize ourselves in isolated individual houses or will we organize ourselves in private and shared spaces within the same building? What is build to rent and what benefits will it bring to citizens? These questions are those raised by some of the companies that already star or will dominate the real estate sector in a few years.

The webinar was organized and moderated by Jordi Altimira, partner and CEO Upbizor & Lánzame Capital, and had the participation of: Daniel Batlle, co-Founder and CMO at Alfred Smart Systems; Jaime de la Torre, VP of Homes at Badi; Quino Fernández, co-founder and CEO at Attico Lab; and Claudia Giraldo, founder of Bambu PR. All of them answered these questions that revolve around the main trend in the real estate sector: Build to rent.

For Claudia Giraldo, buil to rent is "a trend that has been consolidated with the coronavius pandemic and that arises in response to the current and future needs demanded by society." For her, "because the new generations prefer to rent a home over the purchase, especially the younger ones who cannot afford an investment." He considered that the Spanish market is "very fragmented" and that there is an imbalance between supply and demand, something that can solve the build to rent .

For his part, Jaime de la Torre, indicates that from Badi Homes they realize that this trend "generates dynamism because institutional players build and remain active." In addition, he argued that with this new management "builders and developers take more into account the needs of the client."

Daniel Batlle adds that technology will help manage larger property portfolios with fewer staff "and that is fully in the interest of build to rent ." "The IoT makes it a key and strategic point for all these rental portfolios because they will facilitate management when renting and rotating tenants", explained Dani Batlle, who added that "IoT technology is the cornerstone for digital transformation of the real estate market ”.

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For his part, Quino Fernández, defends that this idea was already installed thinking of offices because "it has been built for rent for years", however he recognized "now it fits in housing with the millennial custom of not owning but renting". As a challenge for the build to rent phenomenon from his point of view is that " coworking becomes even more flexible".

Coliving and cities of the future

Quino Fernández himself, considers that this is the point where build to rent acquires the most importance because it is “new construction designed directly for coliving ”. For him, the most interesting thing for 20 years from now will be to see how the vision of companies related to the sector will change in the short term to respond to the challenge of the future.

Daniel Batlle, for his part, believes that solutions such as Alfred Smart Systems will address the challenges of coliving thanks to the access control of common areas and sees the coliving proposal “very interesting, for example, for young people or people who live alone ”. For him, the cities that we will meet in 20 years will be made up of smart spaces that will allow us to make our buildings safer by recognition and control of access and more efficient in spending and consumption.

Claudia Giraldo considers that intermediaries in the sector "have not given the expected added value" and trends such as coliving will be a solution for the future. As examples I put the possibility of validating who you are going to live with or the rating to know what kind of person you are going to meet. And as for the cities of the future, I was talking about a pilot project in Melbourne that aims to organize neighborhoods in which you can develop your life within a radius of 20 minutes.

From Badi, Jaime de la Torre assures that they are already working on "the management of successful hybrid colivings " and considered that this organization "will generate communities and make access to housing more flexible not only in prices but also in length of stay". Jaime Altimira points out for his part that "we are moving towards an ecosystem model, both at work and at home." His vision of the future is based on the freedom of being able to work at the same job from anywhere in the world.

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They all share the idea of homogenizing accesses and work and living spaces anywhere in the world in order, with technological tools, to be able to have places based on rent without the need to own assets. As a final message, the speakers at the build to rent webinar talk about the future capabilities of this trend. From the point of view of communication, Claudia Giraldo explained that "it is very important to communicate the benefits that technology brings, it is a challenge to communicate well what it is and what benefits build to rent brings ". For Jaime de la Torre, “investors are betting on this every time and it is a matter of knowing how to understand what people want to give the best possible service. There are three elements: supply, demand and the right moment, and you just have to push ”. Daniel Batlle assures that “it is the present, the trend and the tools are well established and reluctant companies are already asking. The real estate market is like the travel market for years, there is much to do and, at the same time, people are considering new opportunities for how to live. It's the moment". Finally, Quino Fernández highlights that “the idea of sharing the properties” has arrived, and adds that “there are many disruptive things to be born in the sector, there are many small opportunities to do new things, all covered by the philosophy of paying to use and not for own".